X Makes Its Premium+ Subscription Tier Fully Ad-Free Shortly After Suing Advertisers For Alleged Boycott

X on Thursday announced that Premium+ subscribers will now enjoy an ad-free environment across most areas of the platform, including the For You timeline, Following timeline, post replies, and profiles.

The Premium+ subscription, priced at $20 per month or $210 annually, offers this ad-free experience along with other perks such as the ability to write rich-text articles and receive the largest possible boost for replies. 

But of course, there’s a catch, it’s not really completely ad-free. The company notes that users might occasionally encounter “occasional branded content in less common areas.”

X owner Elon Musk has previously expressed a goal of generating 50% of X’s revenue from subscriptions, reducing the platform’s dependence on advertisers.

Speaking of which, the timing for this change is somewhat strange. X has recently filed a lawsuit against the Global Alliance for Responsible Media (GARM) and the World Federation of Advertisers (WFA), alleging a coordinated effort to steer advertisers away from the platform. This legal action comes amidst a reported 50% drop in ad revenue since Musk’s acquisition of the company in 2022.

Another concern, as pointed out by RawsAlerts, is if “verified accounts with the blue checks, including Premium Plus users, helped with ads” but now they won’t see any more ads, “how do users on this platform make ad revenue and get monetized now?”  



Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why Silver Needs to Slow Down to Go Higher | Dan Dickson – Endeavour Silver

Silver Dips Are Getting Bought, This Is How Breakouts Start | John Feneck

Why $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

Recommended

Antimony Resources Drills 8.48% Sb Over 3 Metres, 2.07% Sb Over 27 Metres At Bald Hill

Steadright To Acquire 75% Interest In Moroccan Copper-Lead-Silver Project

Related News

Russians Have Been Using Starlink In Ukraine ‘For Some Time,’ Intelligence Chief Confirms

More details have surfaced about the use of Starlink terminals in Russian-occupied territory in Ukraine. ...

Friday, February 16, 2024, 03:02:00 PM

The Tesla Bot, Explained

Last month, Elon Musk introduced a humanoid robot called the Tesla Bot on August 19...

Sunday, September 12, 2021, 09:00:00 AM

Musk’s Twitter Deal Becomes Worst Merger Loan for Banks Since 2008 Crisis

The loans used by Elon Musk to finance his $44 billion acquisition of Twitter (which...

Wednesday, August 21, 2024, 03:39:00 PM

Tesla Faces Safety Probe Anew Following “Phantom Breaking” Complaints

It seems the electric vehicle manufacturer can’t catch a break. Another safety investigation looms over...

Saturday, February 19, 2022, 03:25:00 PM

ElonJet is Back, On Threads This Time

College student Jack Sweeney, known for creating the banned @ElonJet Twitter account that tracked Elon...

Tuesday, July 11, 2023, 03:40:00 PM